OTA stands for an online travel agent and refers to a website or online platform that allows customers to purchase travel-related products or services. Examples include travel packages, hotel bookings, flight tickets, activity bookings, and car rentals. As such, OTAs function similarly to store-...
LNR stands for local negotiated rate. These are contracting rates either fixed or at a % off that are established with local businesses to ensure repeat business for the hotel. What is rate parity? When a hotel is in parity, it means that the hotel’s available rates across all channels...
Home»Hotel Terminology & Glossary»O»OTA – Online Travel Agency OTA – Online Travel Agency What is the meaning / definition of OTA, in thehospitality industry? OTA stands for: Online Travel Agency. OTAs are online companies whose websites allow consumers to book various travel related ...
Le monte rosso, located in the charming town of Ota, France, offers an array of entertainment facilities to ensure a memorable stay for its guests. Whether you're looking to unwind after a long day of exploring or indulge in some evening entertainment, this hotel has you covered. Step into...
which stands at $53. AtOYO 8059 Devdar Resort, you can indulge in a range of modern amenities and services without compromising on quality. Each room is tastefully designed and well-appointed, providing a cozy and inviting atmosphere for a relaxing stay. Whether you're traveling for business ...
Hopefully by now we've made it clear that if you're going to build up your direct bookings, you need to get smart about data. Giving all your distribution to OTAs stands in the way of that. It's much harder to access and learn from guest data if they book through an OTA, and gi...
China's hotel pipeline continues upward trend through second quarter According to analysts at Lodging Econometrics (LE), the total China construction pipeline stands at 3,454 projects/661,043 rooms. At the end of the second quarter, the 2021 construction pipeline is up 2% by rooms year-over-ye...
As per Videc's findings, MakeMyTrip-owned RedBus stands out in the intercity bus category, securing a commanding three-fourth share. The online bus ticketing platform has a presence in India and a number of other countries including Peru and Singapore. It has 3,500 active bus operators, inc...
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A step up from Baidu search, WeChat search stands out with its scenario-based products, especially in hotels and attraction tickets. From the search results ofChina Travel News, geological location has turned out to be a strong element affecting the hotel and attraction recommendations, and WeCha...